Is it a popular area?

I bet your insurance and taxes went up more than 3%. 

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

Some people like to bet big and potentially lose big, we prefer to place medium size bets and consistently win more modest rewards.By primarily investing in properties with an all-in cost under $100,000, we often have multiple viable exit strategies in case the original one does not work out (we don’t pretend to have a guaranteed crystal ball, but we do like to have options at the end, and we find that our students do as well!)

Hi Enrique,I specialize in the Hocking Hills area which is about an hour outside of Columbus and is a popular tourist destination (5 million visitors per year) and very short-term rental friendly.

Your best bet is to find your local REIA chapter and join. 

Some are 65 miles, but 100 is pretty normal.Your best bet is a standard 20% down loan or what @Andrew Steffens said about a lower down loan from a portfolio lender. 

That have me the desire to go full throttle.I heard I am mentioned in a popular book on short term rentals. 

Scottsdale is a popular place for STR's, East Valley (Gilbert, Mesa, Chandler) is always growing.

The Lake Tahoe area is popular for STR and is highly competitive yet some people do make it work.